Special-purpose acquisition companies have lost their luster this year, Barron’s reports. But recent data shows that blank-check companies that have successfully merged with a business have produced returns that are in line with traditional initial public offerings.
Year to date through Thursday, only 66 SPACs had listed their shares, raising about $11.4 billion, according to Dealogic. This compares to 315, collecting $102 billion, for the same period in 2021. Read more.
